"The operational momentum remains unattractive, despite Q3 beat and consolidation hopes", JPMorgan analyst Hannes Wittig writes in his latest update on Telekom Austria. "Market consolidation could still get delayed, and related benefits will take time to accrue. In sum we believe operational momentum remains too unattractive, and we remain Underweight".
The price target is unchanged at 5 euros/share. "We now explicitly include 1 euro/share for potential Austrian mobile market repair". (red)














